Euro and CHF

After last week's carnage, it is a quiet weekend. Need to catch breath after those big moves.

Monday may lead to one more attempt by euro to slide against the dollar. One needs to watch if it will go below Thursday's low or stop there and attempt a correction. Its trend, of course is now solidly down. CHF as usual is opposite of euro.

Euro/USD and USD/CHF - II

Life is funny, I kept tracking EURO and CHF for last two days and they hardly moved. I made money in a pair that had not really hit my conscious- USD/JPY. Suddenly inspiration came while watching EURO with bleary eyes, that USD/JPY was not so bad a set up!
I do not mind, what worked as long as something worked so I can have a relaxed and happy weekend. This will be my last post for the week, so have a nice weekend.

Euro/USD and USD/CHF

Euro has been trying to change its daily trend for some time now. It has gone down a long way and I am expecting a correction over next few days even if for going down in the overall state of the trend. I am buying Euro, believing it will go up to at least 1.4900 over a couple of days. Let us see how this works out, as only time tells the truth, everything else is guess work!

CHF of course is mirror reflection of EURO most of the time

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